China Rare Earth Resources And Technology Co.,Ltd.’s Net Profit Rose 79.7% in First Three Quarters of 2022

China Rare Earth Resources And Technology Co.,Ltd. (中国稀土集团资源科技股份有限公司) (000831.SZ) reported a net profit of 371.7 million yuan in the first three quarters of 2022, up 79.7% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 58.2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 428.2 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.